Some of Friday’s top business news stories:
The Associated Press
Is inflation still surging? Jobs report will provide clues, by Christopher Rugaber
CNN
Silicon Valley Bank scrambles to reassure clients after 60% stock wipe-out
Mortgage rates rise for the fifth-straight week, by Anna Bahney
The Wall Street Journal
Twitter and Elon Musk Face Legal Risks in FTC Probe, by Ryan Tracy
General Motors to Offer Voluntary Buyouts, by Colin Kellaher and Mike Colias
CNBC
Netflix’s expected password-sharing crackdown puts college students on edge, by Noah Sheidlower
American Airlines pilots union calls strike authorization vote as contract talks continue, by Leslie Josephs
Reuters
Meta explores decentralized social network app for text updates
Bayer plans to spend $1 bln on US pharma R&D in 2023-US pharma head, by Michael Erman and Patrick Wingrove
News about business journalism:
Why Bartiromo of Fox Business is the center of the defamation suit
The demise of tech news site Recode
SABEW names Best in Business award winners
Woo becomes social media reporter at The Information
New KQED and Axios editors, UK moves from Independent, Times, Reach plc, Sky News
May joins Axios as entertainment editor
Alderson joins London’s Times as money reporter
Houston Business Journal appoints Griff associate editor
